Global auto once fled India; but some MNCs are now changing the script
Tata Motors is in focus.
· LiveMint Companies
Stellantis, Hyundai, and Suzuki are committing billions of dollars in fresh investments in India.
The analysis
Against that, the stock is +1.8% on the day at ₹422.80, and has returned -0.2% over three months. It sits 16% below its 52-week high. The auto sector has moved -3.6% over the same period, so Tata Motors is running 3.4 points ahead of its peers.
For Tata Motors, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Market context
- The company directly in focus is TMCV.
- Sector exposure: Auto.
- The immediate tone of coverage reads positive.
In this story
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